Global Ammunition Market Growth 2023-2029

Global Ammunition Market Growth 2023-2029

Ammunition is the material fired, scattered, dropped or detonated from any weapon. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weapons that create the effect on a target (e.g., bullets and warheads). Nearly all mechanical weapons require some form of ammunition to operate.
LPI (LP Information)' newest research report, the “Ammunition Industry Forecast” looks at past sales and reviews total world Ammunition sales in 2022, providing a comprehensive analysis by region and market sector of projected Ammunition sales for 2023 through 2029. With Ammunition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ammunition industry.
This Insight Report provides a comprehensive analysis of the global Ammunition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ammunition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ammunition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ammunition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ammunition.
The global Ammunition market size is projected to grow from US$ 10930 million in 2022 to US$ 14220 million in 2029; it is expected to grow at a CAGR of 14220 from 2023 to 2029.
Ammunition industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world ammunition industry. The main market players are Orbital Atk, Vista Outdoors, Olin Corporation (Winchester Ammunition), Ruag Group (Ruag Ammotec AG), FN Herstal and Nammo. Top three are Orbital Atk, Vista Outdoors and China North Industries Corp (NORINCO), with above 22% market shares.
USA and Europe are the mainly consumption regions due to the bigger demand of downstream applications. These two regions occupied 47% of the global consumption volume in total.
This report presents a comprehensive overview, market shares, and growth opportunities of Ammunition market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Small Caliber Ammunition
Medium Caliber Ammunition
Large Caliber Ammunition
Segmentation by application
Military
Law Enforcement
Civilian
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Orbital Atk
Vista Outdoors
Olin Corporation (Winchester Ammunition)
Ruag Group (Ruag Ammotec AG)
FN Herstal
Nammo
Nexter
BAE Systems
Poongsan Defense
IMI (Israel Military Industries)
General Dynamics
Day & Zimmermann
Rheinmetall Defence
Finmeccanica
Bazalt
Zavod Plastmass
National Presto
China North Industries Corp (NORINCO)
CSGC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ammunition market?
What factors are driving Ammunition market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ammunition market opportunities vary by end market size?
How does Ammunition break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.